PTSB to seek London listing as part of push to raise €525m in IPO
The beleaguered bank will begin raising the money just over a fortnight from now.
Permanent TSB will reveal details of its €525 million capital raising plan on Tuesday.
The bank, which is 99 per cent owned by taxpayers following a €4 billion bailout in
2011, will formally begin the initial public offering to raise the money on April 28.
As part of the flotation, PTSB will seek a listing on the main ...